BSE net profit dips 16.46% to Rs 51.86 crore in quarter ended March 31, 2019

The BSE saw a 16.46 per cent year-on-year decline in consolidated net profit at Rs 51.86 crore during the fourth quarter ended March 31, 2019. The exchange had also reported a consolidated... Read more »

Vedanta FY19 PAT drops 29% to Rs 9,698 crore, revenue up 1% at Rs Rs 90,901 cr

The Anil Agarwal-led Vedanta secured a 29 per cent year-on-year decline in consolidated profit after taxes (PAT) at Rs 9,698 crore in the financial year 2018-19. The mining company had reported a... Read more »

L&T Infotech profit soars 36.2% to Rs 1,515.5 crore in FY19, revenue up by 29%

Larsen and Toubro Infotech, the software services arm of L&T group secured a 36.2 per cent growth in consolidated net profit at Rs 1,515.5 crore in the quarter ending March 2019. The... Read more »
suzanne memon

Higher expenses drop ICICI Bank Q4 net profit by 5% to ₹969 crore

Private sector lender ICICI Bank reported a 5% drop in net profit to ₹969 crore in the fourth quarter ended March 31, 2019, as a result of higher expenses. This was lower than ₹2,129... Read more »

Mastercard to invest Rs 7,000 crore in India in the coming 5 years

Global payments giant Mastercard decides to invest $1 billion or around Rs 7,000 crore in India over the course of five years. Out of the total capital, Mastercard plans to spend around... Read more »

Gold imports to India witness a 27% spike in March quarter

The net import of gold by India went up by 27 per cent during the March quarter of calendar year 2019 on the back of fall in prices and high demand on... Read more »

Big Basket secures funding of USD 150 million, enters India’s unicorn club

Online grocery store Big Basket has reportedly received a fresh round of funding worth USD 150 million (about Rs 1,040 crore) led by Chinese e-tailer Alibaba and other investors including, South Korean... Read more »

HUL sees underlying volume growth of 7%, EBITDA up 90 bps in quarter ending March 2019.

Hindustan Unilever Limited (HUL) reports its results for the quarter ending 31st March 2019. Domestic Consumer Growth was 9% with Underlying Volume Growth at 7%. EBITDA margin was up 90 bps and... Read more »

Telecom tribunal allow stay on Rs 8,300 crore DoT demand for Airtel-Tata Teleservices merger

Telecom tribunal TDSAT Thursday granted partial stay order on Rs 8,300 crore demand raised by the telecom department from Bharti Airtel for approving its merger with Tata Teleservices. The TDSAT has asked... Read more »

Bombay Dyeing shares up 12% on strong Q4 earnings, with a standalone profit of Rs 1,253.33 cr

Shares of Bombay Dyeing & Manufacturing was up 12 per cent in the early trading hours on Friday, after the company achieved decent fourth quarterly earnings. On Thursday, the company reported a... Read more »